DAMMeth
DAMM Ethereum Fund. A market-neutral, ETH-denominated fund built for long-term ETH accumulation. It combines DAMM's market-making models with diversified strategies on battle-tested DeFi protocols, and aims to grow your ETH whichever way the ETH price moves.
Objective
The fund aims to maximize nominal returns on ether. It treats ETH as a long-term store of value and compounds sustainable, onchain-native yield on top.
- ETH-native income. Returns are earned and measured in ETH. Track the fund by its share price in ETH, not its USD value.
- Market-neutral. Correlated-pair strategies and delta-neutral positions. No directional exposure beyond ETH itself.
- Capital preservation. Blue-chip protocols only. Onchain permission policies (Zodiac Roles) limit every action DAMM's trading systems can take.
- Diversification. Exposure is spread across protocols and position types.
Strategy
DAMMeth spreads capital across ETH-denominated yield sources. It targets returns above the base staking rate while staying market-neutral.
- Algorithmic liquidity provision on correlated LST/ETH pairs (such as wstETH, rETH and cbETH against WETH) on DEXs such as Uniswap, run by proprietary models.
- Overcollateralized lending on trusted onchain credit markets.
- Collateralized borrowing. The fund may borrow stablecoins against staked-ETH collateral on blue-chip money markets such as Spark, with conservative health factors enforced by onchain permissions.
- Fixed yield, using zero-coupon bonds and fixed-rate protocols.
- LST and LRT arbitrage, including redemption-based opportunities.
- Liquid staking for extra ETH-native yield.
Allocation is partly algorithmic and partly discretionary. Algorithmic tooling watches yield spreads, protocol risk and onchain conditions. All yield is generated onchain and the assets stay self-custodied at all times, so anyone can audit them.
Performance, current allocation and risk metrics are on the DAMMeth factsheet.
Terms and fees
| Term | Value |
|---|---|
| Asset | WETH (18 decimals) |
| Structure | Async tokenized vault (ERC-7540) on Lagoon, with Safe smart accounts under Zodiac Roles policies |
| Deposits and redemptions | Request-based, settled at NAV |
| Liquidity | T+1 when needed |
| Management fee | 0% |
| Performance fee | 15%, above a high-water mark |
| Entry and exit fees | None |
| Access | Private: approved addresses only. Email [email protected] first |
The live fee settings are always readable onchain and through the Lagoon API (managementFee and performanceFee, in basis points).
How to deposit
- Email [email protected] before you deposit.
- Follow the DAMMeth deposit guide. It covers the request, settlement and claim steps, and how to redeem.
Your position. Connect your wallet on the fund's Lagoon page to see your shares, their value and any pending requests.
Fund data and integrations
Everything the fund does is public and can be queried without an API key: share price, TVL, fees, APRs and the full transaction history. It is all served by Lagoon's GraphQL API, pinned to the vault address and chain above.
- DAMMeth API guide. Copy-paste queries for this fund (current state, history, transactions).
- Integrations overview. Endpoint, conventions and response shapes shared by all DAMM funds.
- Lagoon documentation. The vault layer itself: deposit and redemption flows, valuation, fees and roles.